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will the german economy continued to slow? more on that later in this program. >> first, here's a look at some other stories making news. >> russian court has denied a request for leniency from a member of the punk band pussy riot. one member has sought a deferral of her presence sentence until her 5-year-old son turns 14. she was convicted of hooliganism after a protest during services in moscow church. >> the taliban have claimed responsibility for a suicide attack targeting the afghan intelligence agency. officials said two guards were killed when the bomber who blew up his car in front of the country's headquarters -- the interior ministry says security forces shot dead four other attackers. >> in iraq, more than 30 people have been killed in a series of attacks that appear to have targeted kurds. two car bombs exploded. one of them blew up outside a kurdish political party office. a third in a nearby town. >> the two biggest airlines have found their entire fleets of boeing 7873liner -- 787 dreamliners. >> it has been hav
will the german economy continued to slow? more on that later in this program. >> first, here's a look at some other stories making news. >> russian court has denied a request for leniency from a member of the punk band pussy riot. one member has sought a deferral of her presence sentence until her 5-year-old son turns 14. she was convicted of hooliganism after a protest during services in moscow church. >> the taliban have claimed responsibility for a suicide attack targeting...
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the decline is due to the slowdown of the global economy, stemming from the european debt crisis. the country's rising labor costs also reduced the merits of setting up factories there. another factor, the sluggish pace of investments from japan. bilateral relations soured over the disputed islands in the east china sea. analysts say china needs to improve investment environment to boost foreign capital, which the country's leaders believe is indispensable for stable economic growth. >>> japan's two major oil firms together with a state-backed bank, will set up a joint company to run large scale power generation or mega solar facilities. executives of cosmo oil, showa shell sekiyu and development bank of japan group will create the new company at the end of the month. each of the three entities will invest in the eight mega facilities nationwide. they hope to begin solar-powered generation by the end of the year. the new facilities will have a capacity of generating a total of 26 mega watts, enough to supply 7,000 households.watts, supply 7,000 households. the generator power will
the decline is due to the slowdown of the global economy, stemming from the european debt crisis. the country's rising labor costs also reduced the merits of setting up factories there. another factor, the sluggish pace of investments from japan. bilateral relations soured over the disputed islands in the east china sea. analysts say china needs to improve investment environment to boost foreign capital, which the country's leaders believe is indispensable for stable economic growth....
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you're i mean look at the the situation in europe of the facts i mean russia at the moment although the economy has slowed considerably from about four percent starting to see it's about two points if you sell your external reasons or is it domestically more both but i think the more the problems in europe than anything else of trade for russia it is still growing the fastest growing country in europe and will continue to be this year and depending on what happens in the second half of the year particularly it should pick up and you know it will do better than everyone else but will still perform below its potential to russia story jake are you a big surprise to the economist when it comes to russia and no i think there is a there is a sort of deep rooted skepticism about russia among many commentators and i think it's not helps perhaps by some of the decisions that have been taken recently for instance about the the orphan adoption law but fundamentally you know i think russia is in a very strong position at the moment i think it ran a fiscal surplus last year had a current account surplus of
you're i mean look at the the situation in europe of the facts i mean russia at the moment although the economy has slowed considerably from about four percent starting to see it's about two points if you sell your external reasons or is it domestically more both but i think the more the problems in europe than anything else of trade for russia it is still growing the fastest growing country in europe and will continue to be this year and depending on what happens in the second half of the year...
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the russian economy say that i like to. leave the little. things are. plain. do we speak your language anybody will or not a day of school music programs and documentaries and spanish what matters to you breaking news a little tonnage of angola's kidneys stories. you hear. the choice at all to spanish to find out more visit i to allahabad all tito is calm. place. and. length. and. close i. download live. stream. and enjoy it. if you're always. welcome back across to remind you we're talking about the prospects for the russian economy in two thousand and thirteen ok. let's not use this one analysis here i mean let's look at the russian economy this year what's its greatest strength. i think the room resources i mean the fact that it's making money and that it isn't any money it's got no debts and that puts it in a very comfortable position because you know despite the failures of reform or the lack of reform and some areas russia can afford to get it wrong to make mistakes restraint can also turn into a threat ok take up what do you think its greatest strength.
the russian economy say that i like to. leave the little. things are. plain. do we speak your language anybody will or not a day of school music programs and documentaries and spanish what matters to you breaking news a little tonnage of angola's kidneys stories. you hear. the choice at all to spanish to find out more visit i to allahabad all tito is calm. place. and. length. and. close i. download live. stream. and enjoy it. if you're always. welcome back across to remind you we're talking...
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hello and welcome to cross talk russia's economy in two thousand and thirteen what are its strengths weaknesses opportunities and threats is the russian economy becoming more or less competitive is the pace of reform on track and is russia prepared to withstand external shocks. to cross out the prospects of the russian economy in two thousand and thirteen i'm joined by my guest in moscow jacob no he's the chief economist at morgan stanley ben ayres he's the editor in chief of business new europe and yes laugh lisa volek he is the chief economist at deutsche bank russia all right gentlemen crosstalk rules and i mean you can jump in anytime you want before we talk about the swan analysis of the russian economy ben i want to go to you i mean newsweek a few days ago a writer on matthews and we have ed lucas over at the economist and you keep telling me for about a decade now that this economy is about to collapse now you're a journalist as well you don't say the same thing where's the disconnect. people tend to focus on the negative part of the story and the trouble at the russia story i
hello and welcome to cross talk russia's economy in two thousand and thirteen what are its strengths weaknesses opportunities and threats is the russian economy becoming more or less competitive is the pace of reform on track and is russia prepared to withstand external shocks. to cross out the prospects of the russian economy in two thousand and thirteen i'm joined by my guest in moscow jacob no he's the chief economist at morgan stanley ben ayres he's the editor in chief of business new...
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rules and i mean you can jump in anytime you want before we talk about the swat analysis of the russian economy ben i want to go to you i mean newsweek a few days ago a writer on matthew and we have ed lucas over at the economist he keep telling me for about a decade now that this economy is about to collapse now you're a journalist is well you don't say the same thing where's the disconnect. people tend to focus on the negative part of the story and the trouble at the russia story is that there are lots of problems and if you focus on those then you can forecastle source of gloom and doom the imminent collapse of the oil price that will bring the russian economy down in flames but the reality is that it continues to grind their way and make progress and. you're i mean look at the the situation in europe of the facts i mean russia at the moment although the economy has slowed considerably from about four percent stuff in the last year to about two point two you said your external reasons or is it domestically. both i think the more the problems in europe than anything else has dragged russia ye
rules and i mean you can jump in anytime you want before we talk about the swat analysis of the russian economy ben i want to go to you i mean newsweek a few days ago a writer on matthew and we have ed lucas over at the economist he keep telling me for about a decade now that this economy is about to collapse now you're a journalist is well you don't say the same thing where's the disconnect. people tend to focus on the negative part of the story and the trouble at the russia story is that...
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will the german economy continued to slow? more on that later in this program. >> first, here's a look at some other stories making news. >> russian court has denied a request for leniency from a member of the punk band pussy riot. one member has sought a deferral of her presence sentence until her 5-year-old son turns 14. she was convicted of hooliganism after a protest during services in moscow church. >> the taliban have claimed responsibility for a suicide attack targeting the afghan intelligence agency. officials said two guards were killed when the bomber who blew up his car in front of the country's headquarters -- the interior ministry says security forces shot dead four other attackers. >> in iraq, more than 30 people have been killed in a series of attacks that appear to have targeted kurds. two car bombs exploded. one of them blew up outside a kurdish political party office. a third in a nearby town. >> the two biggest airlines have found their entire fleets of boeing 7873liner -- 787 dreamliners. >> it has been hav
will the german economy continued to slow? more on that later in this program. >> first, here's a look at some other stories making news. >> russian court has denied a request for leniency from a member of the punk band pussy riot. one member has sought a deferral of her presence sentence until her 5-year-old son turns 14. she was convicted of hooliganism after a protest during services in moscow church. >> the taliban have claimed responsibility for a suicide attack targeting...
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find out what's really happening to the global economy because a report on. the . mission would be soon which brightened if you knew no bounds to move from funds to pressure. from stocks on t.v. dot com. deadly rivals for decades. if a good fifteen thousand people killing each other in any other country there would be still a. lot of. self-imposed costs from society i will protect my. am i going to brother understand. immediately i'm going to eventually have to cough up my anger and my frustration the anger the outrage that upgrade into the ten dollars. to buy land in u.s. history. just all model kill or be killed with the colors matching the national flag. that this country. when it chooses and it legitimized. they are made in america on the t.v. . this is also the line from moscow welcome back chicago's been paying sort of full goodbyes to our shorts has people that got the two more on the internet boy wanda charles took his life last week a federal charges against him smoke billowed threatening him with thirty five years behind bars and a million dollars worth o
find out what's really happening to the global economy because a report on. the . mission would be soon which brightened if you knew no bounds to move from funds to pressure. from stocks on t.v. dot com. deadly rivals for decades. if a good fifteen thousand people killing each other in any other country there would be still a. lot of. self-imposed costs from society i will protect my. am i going to brother understand. immediately i'm going to eventually have to cough up my anger and my...
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find out what's really happening to the global economy is a report on our. more news today violence is once again flared up. these are the images the world has been seeing from the streets of canada. showing operations around the dead. deadly rivals the decades. if you had fifteen thousand people killing each other in any other country there would be diplomats there would be a. self-imposed costs from society i will attack myself chemical attack my brother understand my contacts. going to eventually attack the cause of my anger and my frustration. that. well into the. truth of the most violent gangs in us history. it's just all model killer chill with colors matching the national flag. but this country uses violence when it reaches and then it legitimizes that. they are made in america. hello and welcome to cross talk russia's economy in two thousand and thirteen what are its strengths weaknesses opportunities and threats is the russian economy becoming more or less competitive is the pace of reform on track and is russia prepared to withstand external shock
find out what's really happening to the global economy is a report on our. more news today violence is once again flared up. these are the images the world has been seeing from the streets of canada. showing operations around the dead. deadly rivals the decades. if you had fifteen thousand people killing each other in any other country there would be diplomats there would be a. self-imposed costs from society i will attack myself chemical attack my brother understand my contacts. going to...
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. >> they are going with the american economy and the global economy. closer you get to the fiscal cliff, i think the less likely it is that the u.s. will be funded over and. >> okay, let me ask about tax reform. mutual political last week that a balanced approach to placing the sequester with benefits and revenues should accelerate tax reform, and i believe it's fully possible this year we work on a bipartisan basis. how does that square with the people that say that the tax reform is going to lose out because of scheduling and needing to deal with the debt ceiling and the looming sequester and house republicans concerned that if they do anything on tax reform, that they may leave themselves open to the senate not taking action. therefore, they have taken in on popular vote for no reason. >> first of all we have to solve this debt crisis in terms of sequestration and in terms of the full faith and credit of the u.s. and. we are not going to accomplish tax reform in the next six weeks. so we have a deadline that cannot basically be moved for what we nee
. >> they are going with the american economy and the global economy. closer you get to the fiscal cliff, i think the less likely it is that the u.s. will be funded over and. >> okay, let me ask about tax reform. mutual political last week that a balanced approach to placing the sequester with benefits and revenues should accelerate tax reform, and i believe it's fully possible this year we work on a bipartisan basis. how does that square with the people that say that the tax reform...
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the economy even contracted in the final quarter. the government is poised to cut its own forecast for 2013 to just 0.5%. that is unlikely to have an immediate impact on the jobs market. the unemployment rate is expected to see just a small rise this year. >> for, let's cross over to a frankfurt -- to frankfurt. not necessarily the greatest news for those without a job, but there was good news for the german tax man. >> absolutely. the government has been able to reach its budget plans earlier than expected. the new debt load has been lower than expected, and this has been very good news, although the government also lowered its forecast for the economy, but here at the financial markets, people are more or less happy about the fact that the german economy will be able to avoid a recession. >> let's move on to corporate news then. record sales at s.a.p. we heard today. >> very good numbers. surprisingly good numbers coming from the sales side, but the profits went down because s.a.p. had to do some big investments, buying new technol
the economy even contracted in the final quarter. the government is poised to cut its own forecast for 2013 to just 0.5%. that is unlikely to have an immediate impact on the jobs market. the unemployment rate is expected to see just a small rise this year. >> for, let's cross over to a frankfurt -- to frankfurt. not necessarily the greatest news for those without a job, but there was good news for the german tax man. >> absolutely. the government has been able to reach its budget...
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the american economy is changing we're moving from one of those really cami to an economy based on service based on information rooted in technology that is its high skill file wage training on one very low skilled sweatshop labor another. class find their skills don't fit into either those demands. they don't have the education or the skill or the training because of historic discrimination to work in aerospace. on other hand they don't feel any desire or need to go into the low skilled service sector jobs like hotel cleaning like sweatshop work downtown l.a. because they don't perceive that as jobs that american citizens should have. and not talking about people who are at the rear we're talking about people with jobs if you have a job you are in a on that job so when that factory closes you are in essence asked out. by the late sixty's you see those plants beginning to disappear when they disappear there is virtually nothing left in their wake. and so it leaves a gaping hole in the economy of the region. with consequences that are just enormous. generationally in america is supposed to
the american economy is changing we're moving from one of those really cami to an economy based on service based on information rooted in technology that is its high skill file wage training on one very low skilled sweatshop labor another. class find their skills don't fit into either those demands. they don't have the education or the skill or the training because of historic discrimination to work in aerospace. on other hand they don't feel any desire or need to go into the low skilled...
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of the government and having the sanctions to pressure the public opinion inside iran you know when economy is about to be very good they're hoping people will go to the streets and protest and have a revolution but the fact seems to be the opposite i mean the cells in iran in carpets one of the country's proud sources of revenue once a critic of the iranian government has recently had a change of heart for me as for me then why for another people are for another god who is not forbidden for israel is not for being a father of five for american is not going to be there for you know. on a raft of war they want to ask me something to do that nor we are free of your free people you know this is the best way which my government he. is a very. volatile not only do they create anger among ordinary iranians and iranians see their behavior towards their country as uncivilized but people in the region and beyond see what the united states and the europeans are trying to do so the image of the united states and europe is has been so. really damaged but iran's image has also been damaged one recent po
of the government and having the sanctions to pressure the public opinion inside iran you know when economy is about to be very good they're hoping people will go to the streets and protest and have a revolution but the fact seems to be the opposite i mean the cells in iran in carpets one of the country's proud sources of revenue once a critic of the iranian government has recently had a change of heart for me as for me then why for another people are for another god who is not forbidden for...
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economy. european economy. are they going to continue this, and guidance, digging down a little bit deeper into the 2013 story will be really key what the stock price does tomorrow. david: sandy, you have a little bit to add here on ebay, go ahead. >> the fact they beat four straight quarters and here they are with results pretty much right in line with analyst estimates might be the disappointment factor that is weighing in on the shares right now. after this beat we are slightly lower in after-hours trading. paypal was obviously very strong. i do want to point out that the stock has been rallying in anticipation of these numbers coming out point out. first couple weeks of the year, the stock is up 5%. there has been a lot of optimism and a lot of buying into this report. maybe a bit of selling on the news here. liz: sandra, shibani, thank you very much. we're watching ebay as well as gun control as the story develops. peter barnes is very latest on the president's announcement and comments on the issue. we'll
economy. european economy. are they going to continue this, and guidance, digging down a little bit deeper into the 2013 story will be really key what the stock price does tomorrow. david: sandy, you have a little bit to add here on ebay, go ahead. >> the fact they beat four straight quarters and here they are with results pretty much right in line with analyst estimates might be the disappointment factor that is weighing in on the shares right now. after this beat we are slightly lower...
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economy. at the same time with quite a bit to do to address our long-term sustainability issues. a lot more work to do, let me be very clear about that. but it's going to be a long haul. it's not going to happen overnight. basically because the government budget represents the values and priorities of the public, and decisions been made about what to spend on, what you tax and so on are very difficult and contentious decisions that will take some time to address. >> well, those is to use -- those issues of course are not the specific purdy of the fed, and so why do we shift gears and talk more specifically about some things that the fed is doing and things that the fed might do. perhaps a way to introduce that is to say that the fed of course is keeping interest rates at close to zero since roughly 2008, and it dug pretty deep into its arsenal, more recently in terms of in particular the very massive asset purchases recently launched its third round, which are intended to bring long-term inter
economy. at the same time with quite a bit to do to address our long-term sustainability issues. a lot more work to do, let me be very clear about that. but it's going to be a long haul. it's not going to happen overnight. basically because the government budget represents the values and priorities of the public, and decisions been made about what to spend on, what you tax and so on are very difficult and contentious decisions that will take some time to address. >> well, those is to use...
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find out what's really happening to the global economy cars report. download the official publication to yourself choose your language stream quality and enjoy your favorites. if you're away from your television just. not with your mobile device you can watch on t.v. anytime anywhere. for about six fifteen pm here in moscow this is. one of the russian mafia is most famous figures that have grandpa. has been killed right here in moscow he was shot in broad daylight right in the city center. takes up the story for us now. often referred to in russia as grandpa her son has often been compared to al capone but his demise today is more reminiscent of the death of another american gangster john dillon the one of the biggest crime laws in russia was shot outside his favorite restaurant in central moscow and the law enforcement agencies have already reported that they have found six gun shells at the side believing this was a direct assassination attempt at the grand bar he was delivered to a hospital but later died there without without regaining consciousne
find out what's really happening to the global economy cars report. download the official publication to yourself choose your language stream quality and enjoy your favorites. if you're away from your television just. not with your mobile device you can watch on t.v. anytime anywhere. for about six fifteen pm here in moscow this is. one of the russian mafia is most famous figures that have grandpa. has been killed right here in moscow he was shot in broad daylight right in the city center....
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global economy with mike stronger for a no holds barred look at the global financial headlines tune in to conjure reports . you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realize that everything you thought you knew you don't know i'm tom harpur welcome to the big picture. max kaiser welcome to the kaiser report you know markets don't know. banks. banks toure's ringing markets kill autonomy's banks trading fraudulent so-called derivatives kill wealth and savings baxter's shut down the entire fabric of our financial system through which we individual participants must operate. banks we're going to go over some of these banks theories and their markets and puppet politicians they own destroying markets because we've got a few of them in the headlines over the last few weeks and we've not had time to cover them but we're going to cover them right now j.p. morgan gets a big holiday gift from the f.c.c. . so we did mention this a few times over the course of the christmas once this
global economy with mike stronger for a no holds barred look at the global financial headlines tune in to conjure reports . you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realize that everything you thought you knew you don't know i'm tom harpur welcome to the big picture. max kaiser welcome to the kaiser report you know markets don't know. banks. banks toure's ringing markets kill...
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well it could be a trap if you look at the economy of france if you look at the economy the united states we are in no position and i think the rebels and. the muslim islamic that are fighting in northern mali for independence in control whatever it is they're fighting for these guys understand that the great powers of france in the united states are in no position to really enter into any sustained. conflict so they really in some ways have the advantage in some of this is rhetoric. i really in my view i think of if we could let countries kind of settle their problems internally yes people going to get killed but i think it would be far quicker and far fewer damage to people's to lives to property then when the great powers get involved and that includes ico us in the un ok. really we'll have to leave it there really interested in your perspective as a retard u.s. air force lieutenant colonel karen capacity thank you very much indeed for joining us and showing us your thoughts a perspective on this thanks very much thank you. uns atomic agency experts are back in iran for the second time
well it could be a trap if you look at the economy of france if you look at the economy the united states we are in no position and i think the rebels and. the muslim islamic that are fighting in northern mali for independence in control whatever it is they're fighting for these guys understand that the great powers of france in the united states are in no position to really enter into any sustained. conflict so they really in some ways have the advantage in some of this is rhetoric. i really...
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grow the economy by bringing in some certainty to it. if he wants to fight hard for tax rate increases, he ought to be fighting just as hard for spending cuts. >> you know, governor, he made an interesting point during his news conference this week where he said if -- if this debate is just about reducing the fiscal deficit, he's on board and let's get it done, but he suspects that there are a lot of conservative republicans out there for whom this debate is about the bigger picture of the role the federal government plays in americans' lives, and he said that's not a debate he wants to have. he doesn't want to be cutting entitlement programs just because conservatives want to reduce the role of government in americans' lives. is it possible we're having two simultaneous debates at once here? >> well, he's got to reconcile the differences. almost like saying i know i'm overweight but don't ask me to go on a diet. i mean, there's got to be efficiencies found in the federal government. the fact that we're cutting spending doesn't mean that
grow the economy by bringing in some certainty to it. if he wants to fight hard for tax rate increases, he ought to be fighting just as hard for spending cuts. >> you know, governor, he made an interesting point during his news conference this week where he said if -- if this debate is just about reducing the fiscal deficit, he's on board and let's get it done, but he suspects that there are a lot of conservative republicans out there for whom this debate is about the bigger picture of...
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shake the country's economy but not. unemployment. and. leadership. again. critics say it's washington which played the key role in the rise of extremism. with worldwide news live from moscow this is the with me thank you for joining us today. get a boost in its push for independence the u.k. house of lords is set to debate providing the powers necessary to hold a referendum on a breakaway at westminster have already unanimously approved a move. in london to get more on these details right now and. to you thank you very much indeed for coming in such a short notice what do you think is expected of the pirs discussion. well the house of lords is widely expected to approve this transfer transfer of power as over to holyrood the scottish government in order to allow them to hold a referendum on the question of scottish independence in twenty fourteen so as we know the m.p.'s already unanimously approved the move so it's really what the house of lords decides today widely expected to approve that and then the rest is a formality and then we'll be a little bit cl
shake the country's economy but not. unemployment. and. leadership. again. critics say it's washington which played the key role in the rise of extremism. with worldwide news live from moscow this is the with me thank you for joining us today. get a boost in its push for independence the u.k. house of lords is set to debate providing the powers necessary to hold a referendum on a breakaway at westminster have already unanimously approved a move. in london to get more on these details right now...
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it wanted to hear about the economy and what he plans to do to fix it. in the past eight years, but prices have jumped on just about everything, but the value of the currency has dropped about 70%. the president blames international sanctions against iran's central bank and oil- based economy. he said sanctions are putting pressure on the people and that's what the enemy wants. >> they are against the constructive plans of the parliament, country, and the nation, but they make other excuses for their actions. they're just against iran pose the advancement and impairment. prezioso took shots at his critics and the wallpaper. he said part of the problem with the economy is that the wealth is only moving from the port to the rich instead of the other way around. ahmadinejad also asked parliament to work with his government rather than against it. he said, without any cooperation, nothing will get done in iran. he only has six months left in his final term. ahmadinejad says he and his government will work until the very last day to get things done. but it's
it wanted to hear about the economy and what he plans to do to fix it. in the past eight years, but prices have jumped on just about everything, but the value of the currency has dropped about 70%. the president blames international sanctions against iran's central bank and oil- based economy. he said sanctions are putting pressure on the people and that's what the enemy wants. >> they are against the constructive plans of the parliament, country, and the nation, but they make other...
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economy. we'll see their economy return to growth. and you can't ultimately pay down debt until you've got economic growth. >> and just to get a little specific, what trades do you like then given the scenario that you're laying out? >> i think generally -- i think the story about europe is a global one because it's been the biggest drag on global growth. we've had a global confidence cries us that has prevented all of this cash -- if you look at u.s. companies, there's $2 trillion of cash -- >> trades, trades, pierce, trades. >> equities primarily. >> okay. >> and then you can pick. i think it's still going to be a macro move. you say trade, you want me to talk about sectors or geographic locations, fine. i think generally equities will go higher. peripheral europe will still outperform as will china. i like china particularly because it's undervalued. i think they're going to benefit from the european story. >> we'll talk about what needs to happen in the bond markets, as well. >> yes. >> in
economy. we'll see their economy return to growth. and you can't ultimately pay down debt until you've got economic growth. >> and just to get a little specific, what trades do you like then given the scenario that you're laying out? >> i think generally -- i think the story about europe is a global one because it's been the biggest drag on global growth. we've had a global confidence cries us that has prevented all of this cash -- if you look at u.s. companies, there's $2 trillion...
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toying with the global economy. and so, i think it is somewhat -- it seems great to talk about to the ninth, but the closer you get to that class, the less likely it is that you'll find the u.s. over it. the mac for me ask one other in the loco to grind out third start. he told "politico" last week that a balanced approach replacing the sequesters spending cuts and revenue should accelerate tax refund is fully possible this year for work and by person basis. does that square with people estate tax reform is going to because of scheduling. need to do with the limits of kuester and the house republicans concern if they do anything on tax reform, that they may leave themselves open to the senate not taking action and therefore an unpopular vote for no reason. are you optimistic on tax reform? >> first of all, we have to resolve this debt crisis in terms of sequestration and intern says the full faith and credit of the u.s. in the next six weeks. we are going to accomplish tax reform in the next six weeks. so we have a
toying with the global economy. and so, i think it is somewhat -- it seems great to talk about to the ninth, but the closer you get to that class, the less likely it is that you'll find the u.s. over it. the mac for me ask one other in the loco to grind out third start. he told "politico" last week that a balanced approach replacing the sequesters spending cuts and revenue should accelerate tax refund is fully possible this year for work and by person basis. does that square with...
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atomic experts hoping to make progress in nuclear talks while western sanctions shake the country's economy but not its peoples for. international news and comment online on the screen around the world this is. scotland may soon get a boost in its push for independence the u.k. house of lords is set to debate providing edinburgh with the powers necessary to hold a referendum on a breakaway and present westminster already unanimously approved the move the scottish government wants to hold the referendum in the autumn of twenty fourteen this mirrors the strong push for independence within the u.k. itself where many feel the country should part ways with the e.u. . as mine. well the pressure is really piling on the british prime minister david cameron because he's set to give a speech on friday where he wants to talk about renegotiating britain's role within the european union and that's a very difficult situation for him because there's a lot of euro skeptic m.p.'s who are piling on the pressure saying that you know the status quo really needs to be changed at the moment at the same time we'v
atomic experts hoping to make progress in nuclear talks while western sanctions shake the country's economy but not its peoples for. international news and comment online on the screen around the world this is. scotland may soon get a boost in its push for independence the u.k. house of lords is set to debate providing edinburgh with the powers necessary to hold a referendum on a breakaway and present westminster already unanimously approved the move the scottish government wants to hold the...
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Jan 16, 2013
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raising taxes grows the economy or -- >> no, it does not grow the economy. we have to be serious how much the president contributed to overall debt picture. $6 trillion since he came to office. nearly $20,000 per united states citizen has been added since president obama came into office. so just silly to argue he hasn't contributed. melissa: blame game gets us nowhere because everybody contributed to it. god it is a mess and we have to fix it. when you hear people like nancy pelosi saying the fiscal cliff was not enough on the revenue side. you hear, you know, many politicians chiming in. howard dean, for example, saying in december that the truth is everybody needs to pay more taxes. we're not going to get out of this deficit problem unless we raise taxes across the board. the rich can't solve the problem. i guess that is where i'm going with this is, it seems like, especially from what you're saying susan, everyone will have to pay more taxes to get out of this. >> i actually don't agree with that point. i don't agree with howard dean either. we're not lo
raising taxes grows the economy or -- >> no, it does not grow the economy. we have to be serious how much the president contributed to overall debt picture. $6 trillion since he came to office. nearly $20,000 per united states citizen has been added since president obama came into office. so just silly to argue he hasn't contributed. melissa: blame game gets us nowhere because everybody contributed to it. god it is a mess and we have to fix it. when you hear people like nancy pelosi...
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that being the furthering of the corporate economy and our our geopolitical stance in the mideast the people that we're writing aside from whatever their political aspirations are preventable people and where it's where foreigners and where in their provinces but just. foreign governments might have troops in say new york city new york city people were to stand together and defend their country and send off an occupation. that's a situation that some of that we had that same problem and not we were we were fighting the local people and with foreign idea that i don't think we pay enough attention to the human cost of war if we did we might be a little less interested in getting into another one now that we're talking about iran. turns coming out for again just a few minutes abby moss is breaking the set. wealthy british style something that's not on the tide list for. markets why not i'm going to. find out what's really happening to the global economy with max conjure for a no holds barred look at the global financial headlines tune into kaiser report on r t. do we speak your language
that being the furthering of the corporate economy and our our geopolitical stance in the mideast the people that we're writing aside from whatever their political aspirations are preventable people and where it's where foreigners and where in their provinces but just. foreign governments might have troops in say new york city new york city people were to stand together and defend their country and send off an occupation. that's a situation that some of that we had that same problem and not we...
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Jan 16, 2013
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the economy is hurting. i want to read a couple of headlines on the economy to give you pause while the fun debate is going on. one, ranks of working poor is increasing. workers are raiding the funds to pay the bills. thaw may downgrade the united states. greg, does he not want to deal with this? >> greg: this is a real issue. this speaks to two different cultures in the united states. it's a prescription of xanax. you can have your gun, protection and security. lefties like john stewart paint gun owners as paranoid, the same time on sunday that bob schieffer likens obama's battle against the fun owners as a fight against the nazis. if you are in a country that the administration accuses you of ginning up propaganda and the media citing with you to call you nazis, your paranoia might be justified. >> andrea: this is on the heels of white house telling paul ryan it won't meet a budget deadline. 1300 days we still don't a budget. he is saying i've been busy. sorry, i wouldn't get to the budget thing. as i ment
the economy is hurting. i want to read a couple of headlines on the economy to give you pause while the fun debate is going on. one, ranks of working poor is increasing. workers are raiding the funds to pay the bills. thaw may downgrade the united states. greg, does he not want to deal with this? >> greg: this is a real issue. this speaks to two different cultures in the united states. it's a prescription of xanax. you can have your gun, protection and security. lefties like john stewart...
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Jan 16, 2013
01/13
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is still a better economy than so many of the economies around the world. and so we benefit from that. we remain the a safe haven at the moment, until we aren't anymore. the question is, when will that happen. the second point is, markets have many immediate threats to be worried about. recently we had, are we going over the fiscal cliff or are we not. now the question whether the sequester will hit, which would be too much deficit reduction in too many parts of the budget too quickly. will we have a government shutdown because funding will end? and the debt ceiling there are a lot of action-forcing moments markets are worried about. the bigger issue is our deficits and debt. the fact that is more like thing from in the boiling water. it gradually undermines your economy's ability to perform, it hurts economic growth and takes away the stability that allows us to generate growth through investment, job creation, all the things we need to get the economy going. markets will not like to respond to that on any one day. it will hinder our economic performance.
is still a better economy than so many of the economies around the world. and so we benefit from that. we remain the a safe haven at the moment, until we aren't anymore. the question is, when will that happen. the second point is, markets have many immediate threats to be worried about. recently we had, are we going over the fiscal cliff or are we not. now the question whether the sequester will hit, which would be too much deficit reduction in too many parts of the budget too quickly. will we...
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find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines kaiser report. news today. again flared up. these are the images the world has been seeing from the streets of canada. showing corporations rule the day. you're watching on say is good to have you with us chicago's been playing so for goodbyes to our shores has people that gathered to mourn the internet born one swartz took his life last week after a federal charges against him snowboard threatening him with thirty five years behind bars under a million dollars worth of fines and justin moulton an i.t. expert who was well away at schwartz's online activities things the potential punishment never fits the crimes committed. when everything was said and done nothing in that area doll owed was ever distributed they did not pursue him in charges against him i think that should have told a prosecuting attorney something you're looking at a crime that essentially amounts to downloading p.d.'s to a hard drive. no person was harmed. there was no financial bene
find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines kaiser report. news today. again flared up. these are the images the world has been seeing from the streets of canada. showing corporations rule the day. you're watching on say is good to have you with us chicago's been playing so for goodbyes to our shores has people that gathered to mourn the internet born one swartz took his life last week after a federal...
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futures and that began the twenty five to thirty year period of the financialization of the global economy which made banks and like j.p. morgan goldman sachs and these other global banks trillions of dollars in profit but now we're out the point of this bubble bursting so these banks very cage really are going back and realizing that the whole thing's been a false from the beginning. and they're going to come back i'm going to they're going to corner all the commodities now that the bubbles bursting for the next way however max this could pull in a lot of members to the silver liberation army because this article actually ties it to silver and gold and precious metals and how those markets are open to abuse by j.p. more and more troubling is that the f.c.c. is decision collapses the distinction between precious metals traditionally used for investment like gold and silver and metals and other goods that we consume in large quantities like copper and corn it signals the bankers that all goods are fair game for financial play no matter how vital to our economy or a well being so the past fe
futures and that began the twenty five to thirty year period of the financialization of the global economy which made banks and like j.p. morgan goldman sachs and these other global banks trillions of dollars in profit but now we're out the point of this bubble bursting so these banks very cage really are going back and realizing that the whole thing's been a false from the beginning. and they're going to come back i'm going to they're going to corner all the commodities now that the bubbles...
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what's really happening to the global economy with. global financial headlines kaiser report. good laboratory was able to build a new most sophisticated. dorna found anything tim's mission to teach me. this is why you should care only. rivals. people killing each other. country. from society. myself. and my frustration. that. to. us history. with matching the flag. but this country uses violence when it reaches and then it legitimizes the violence . made in america on the. ultimate. goal is. to cut. the speed. of her. and. wish. him. luck missile good. luck just send them out to the enemy. to come out and run a little. fifth. could be. left something to live. for precious children. rajiv shown to. leave it to. her. and. and. i am. and. live. live. live mission free play cribbage a should be free. for judges free. range minced free kick.
what's really happening to the global economy with. global financial headlines kaiser report. good laboratory was able to build a new most sophisticated. dorna found anything tim's mission to teach me. this is why you should care only. rivals. people killing each other. country. from society. myself. and my frustration. that. to. us history. with matching the flag. but this country uses violence when it reaches and then it legitimizes the violence . made in america on the. ultimate. goal is. to...
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Jan 16, 2013
01/13
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economy isn't picture perfect, but it is positive. today's beige book report showed signs of solid overall economic growth. each of the fed's 12 districts showed either "moderate" or "modest" growth, steady or expanding real estate activity, and some growth in consumer spending from december through the first week of january. but the fed noted job market conditions didn't change much. one reason companies are cautious about hiring, is they are worried about fiscal uncertainty in the u.s. and that uncertainty is growing as some republicans in washington argue for a narrow definition of what it means for the government to default. skipping payments on government bonds would be a default they say. but skipping payments for other government services wouldn't be. this debate could have real consequences, as darren gersh explains. >> reporter: next month, the u.s. government will owe $38 billion in interest payments on the debt it's sold to investors here and overseas. but the u.s. government will take in about $210 billion in tax revenues
economy isn't picture perfect, but it is positive. today's beige book report showed signs of solid overall economic growth. each of the fed's 12 districts showed either "moderate" or "modest" growth, steady or expanding real estate activity, and some growth in consumer spending from december through the first week of january. but the fed noted job market conditions didn't change much. one reason companies are cautious about hiring, is they are worried about fiscal...
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Jan 16, 2013
01/13
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lou: let's take a quick look at what is happening to the markets and the economy. fitch is warning of a possible u.s. downgrade the debt ceiling talks drag on. citigroup had will join us here in just moments. retail stocks rolling up better than expected holiday sales season. the dow jones industrials up 27 points on the day. the s&p managed a point gain but still reaching another five-year high. the nasdaq is down six, that is only slightly from yesterday. the commerce department reported retail sales rose a half precent in december, november sales also revised higher. apple is "the biggest loser" in the s&p 500 today, down more than 3% again. it's on yesterday's losses also reports of weak demand and apple shares closing today just under $486. apple stock with $702 is back on the 19th of september. crude oil down 86, just over $93 per barrel. gold of working for $5. going above $1683. the 10 year treasury down 1.3% in feel. margins beginning on a positive note this year. the s&p all 3% higher year-to-date. the economy showing signs of surprising strength and stab
lou: let's take a quick look at what is happening to the markets and the economy. fitch is warning of a possible u.s. downgrade the debt ceiling talks drag on. citigroup had will join us here in just moments. retail stocks rolling up better than expected holiday sales season. the dow jones industrials up 27 points on the day. the s&p managed a point gain but still reaching another five-year high. the nasdaq is down six, that is only slightly from yesterday. the commerce department reported...
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economy. if i were the cubans, i sure would like that to continue, and i would do everything i could to get that to continue. i think the influence of venezuela and toover chavismo is waning. it hit a high water mark and is receding, and i think that serves, certainly, the purposes of the united states. and i think that's fine. and if i were the people -- listen, i don't, i don't blame the countries that are receiving subsidized oil shipments from venezuela. i would love for somebody to subsidize the things i need to buy. you know, that's in their own self-interest. but they need to be thinking about what's going to happen. because let's go back. if you take some of the data that russ and chris have talked about on the economy and you are the next, you are the government of venezuela, i mean, the easiest places to cut back are in the oil you're giving away. and so if i'm the recipient of that oil, i'd be worried right now. i mean, that's just, you know, in the self-interest of the government o
economy. if i were the cubans, i sure would like that to continue, and i would do everything i could to get that to continue. i think the influence of venezuela and toover chavismo is waning. it hit a high water mark and is receding, and i think that serves, certainly, the purposes of the united states. and i think that's fine. and if i were the people -- listen, i don't, i don't blame the countries that are receiving subsidized oil shipments from venezuela. i would love for somebody to...
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find out what's really happening to the global economy cars report on. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realize everything you thought you knew you don't know i'm charged welcome to the big picture. live live . live. live . live. live live. live. live. live. live live live live live . you're watching r.t. live from moscow. chicago's been paying store for goodbyes to our shores has people there gathered to mourn the internet boy wonder shorts took his life last week after federal charges against him snowballed threatening him with thirty five years behind bars and a million dollars worth of fines and just in morton and i to ask that all was well aware short as online activities things the potential punishment never fitters the crimes committed. when everything has. nothing in the area downloaded was ever distributed they did not pursue him in charges against him i think that should have told a prosecuting attorney something you're lo
find out what's really happening to the global economy cars report on. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realize everything you thought you knew you don't know i'm charged welcome to the big picture. live live . live. live . live. live live. live. live. live. live live live live live . you're watching r.t. live from moscow. chicago's been paying store for goodbyes to our...
SFGTV2: San Francisco Government Television
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Jan 16, 2013
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man: infrastructure is vital to the american economy. water, after all, is an essential ingredient in hundreds of thousands of everyday products. narrator: agriculture and industry use roughly 80% of the water consumed in the united states. water is the basis for manufacturing many goods and provides the ability to clean and sterilize everything from computer chips to the surgical instruments used in hospitals. kelly: the minute that there's not enough water for businesses, industry, and individuals, they have to go elsewhere. and when they go elsewhere, jobs go elsewhere. your entire economy begins to suffer with the lack of clean water. narrator: while the water infrastructure provides for our health, safety, and economy, a growing concern is that the value society derives from water has not traditionally been reflected in the price we pay for water. man: when you take a look at how much people pay for water, as a percentage of median household income, it's usually less than 1%. and when you compare that to how much we pay for electric
man: infrastructure is vital to the american economy. water, after all, is an essential ingredient in hundreds of thousands of everyday products. narrator: agriculture and industry use roughly 80% of the water consumed in the united states. water is the basis for manufacturing many goods and provides the ability to clean and sterilize everything from computer chips to the surgical instruments used in hospitals. kelly: the minute that there's not enough water for businesses, industry, and...
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the economy will be picking up. housing likely to get in on it. >> maybe we're actually breaking -- maybe the valuations aren't -- >> based on what? >> come on, under wells fargo? >> michael dell, and suddenly, mr. skeptic -- >> overheated debt market, that's always a good sign for an economy. that's always a sign that things are getting a lot better. >> it's been getting overheated since 1979. >> big lbos. that worked out real well. no, i'm just -- there's housing, sales of pickups. sales of cars in europe for 2012, not so good. we'll talk about that. >> germany, the bmw sales, volkswagen sales. one of my cousins in mexico is near a bmw, new plant. the germans are down. they're buying like crazy. germany business, good. rest of the continent okay. ford cutting back very dramatically. >> boeing, more problems related to the dreamliner. japanese grounded their 787 for safety checks. the national transportation safety board, faa are going to japan to assess that incident. when the first problems arose last week, week
the economy will be picking up. housing likely to get in on it. >> maybe we're actually breaking -- maybe the valuations aren't -- >> based on what? >> come on, under wells fargo? >> michael dell, and suddenly, mr. skeptic -- >> overheated debt market, that's always a good sign for an economy. that's always a sign that things are getting a lot better. >> it's been getting overheated since 1979. >> big lbos. that worked out real well. no, i'm just --...
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find out what's really happening to the global economy in the kinds of reports on our g. choose your language colorfully killer though in federal court today still some of the. truth is that the consensus can. choose the opinions that you have a great book on. choose the stories get inside the life choose be access to your office. please. liz liz. please. liz liz . lemon live live. live . when you hear america san there's going to be a walk on crying to a black person that means that's a walk on black people. they say a world gangs i say that's a wall beat and i say won't drive that's a that's a war meet. every war they got is a war against me and my people we need to come in here and solve this problem not attack this problem dozens of people are really angry i have nothing to lose if you attack me sir i've been attacked every day anyway i'm being a shot at every day anyway so you should net me you put me in jail don't mean nothing to me. that's where the gang problem so-called is it's been redefined as a crime problem and a gang problem but it's really an issue of no wo
find out what's really happening to the global economy in the kinds of reports on our g. choose your language colorfully killer though in federal court today still some of the. truth is that the consensus can. choose the opinions that you have a great book on. choose the stories get inside the life choose be access to your office. please. liz liz. please. liz liz . lemon live live. live . when you hear america san there's going to be a walk on crying to a black person that means that's a walk...
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Jan 16, 2013
01/13
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KRCB
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>> well, one the national government needs to stimulate the economy in the short term. just austerity will never allow us to climb out of this hole of borrowing and debt and up employment. but what i did was i cut $3 for every dollar that we got in taxes from the proposition 0. we cut the university's 25%. we cut child care. we cut all the good programs because government doesn't do that many bad things. we cut the prisons. government does public safe. it does education. it does programs for the children, for the elderly. so what you refrench in government you cut the good which in many respects is a bad. i mean is there a lesson here for the national government and the national politician? >> well, the lesson is one that you've got to make tough choices. you have to live within your means. that means you have to not do everything you want to. but you also have to raise more money. we did raise a tax on all citizens called the salesax, a quarter ofent. and we raised the tax on individuals who make more than $250,000 or couples who make more than $500,000. so that's what
>> well, one the national government needs to stimulate the economy in the short term. just austerity will never allow us to climb out of this hole of borrowing and debt and up employment. but what i did was i cut $3 for every dollar that we got in taxes from the proposition 0. we cut the university's 25%. we cut child care. we cut all the good programs because government doesn't do that many bad things. we cut the prisons. government does public safe. it does education. it does programs...
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Jan 16, 2013
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KRON
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. >> when the economy outwith the economy in the dolldrums three years ago, congress created the payroll tax holiday, which cut the payroll tax from 6.2% to 4.2%.for 2011 and 2012. meaning more money in your paycheck to spend to help get the economy going. well that so called holiday expired at the end of last year. meaning your payroll tax goes back up 2% meaning less take home pay. here's what it means. households making between 40 and 50 thousand dollars will see 579 dollars less this year. those making between 50 and 75 thousand dollars will see about 822 dollars less this year. those making between 75 and 100 thousand dollars will pay 1,206 more in tax, or 100-dollars a month the big question is, will this impact the economy? since consumers have less in their paycheck each week, even if it's 25$ a week, will they spend less? some forecasters say definitely. others say we've paid this rate for years and this 2-percent will have little impact over the long term. especially when you consider that middle class tax rates are not going up. >> pam: now this payroll tax we're talking about
. >> when the economy outwith the economy in the dolldrums three years ago, congress created the payroll tax holiday, which cut the payroll tax from 6.2% to 4.2%.for 2011 and 2012. meaning more money in your paycheck to spend to help get the economy going. well that so called holiday expired at the end of last year. meaning your payroll tax goes back up 2% meaning less take home pay. here's what it means. households making between 40 and 50 thousand dollars will see 579 dollars less this...